SPELMAN COLLEGE: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- SPELMAN COLLEGE (EIN 58-0566243)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-05-11
- IRS object ID
- 201241329349302834
- Schema version
- 2010v3.7
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-05-11T14:27:19-04:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 North Greene Street Suite 400 | AddressLine1 |
| City | Greensboro | City |
| State | NC | State |
| ZIP Code | 27401 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 580566243 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SPELMAN COLLEGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SPEL | NameControl |
| Phone | 4046813643 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 350 SPELMAN LANE SW | AddressLine1 |
| City | ATLANTA | City |
| State | GA | State |
| ZIP Code | 30314 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ROBERT D FLANIGAN JR | Name |
| Title | VP BUS. & FIN./TREAS. | Title |
| Date Signed | 2012-05-11 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3362753394 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | BEVERLY DANIEL TATUM | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 350 SPELMAN LANE SW | AddressLine1 |
| City | ATLANTA | City |
| State | GA | State |
| ZIP Code | 30314 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 270180840 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.SPELMAN.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1881 | YearFormation |
| State Legal Domicile | GA | StateLegalDomicile |
| Activity Or Mission Description | SPELMAN COLLEGE, A HISTORICALLY BLACK COLLEGE AND GLOBAL LEADER IN THE EDUCATION OF WOMEN OF AFRICAN DESCENT, IS DEDICATED TO THE ACADEMIC EXCELLENCE OF ITS STUDENTS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 25 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 23 | NbrIndependentVotingMembers |
| Total Nbr Employees | 1542 | TotalNbrEmployees |
| Total Nbr Volunteers | 185 | TotalNbrVolunteers |
| Total Gross UBI | 72836 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 20497101 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 22938786 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 59030101 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 61429950 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 11286268 | InvestmentIncomePriorYear |
| Investment Income Current Year | 17954540 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 919347 | OtherRevenuePriorYear |
| Other Revenue Current Year | 869629 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 91732817 | TotalRevenuePriorYear |
| Total Revenue Current Year | 103192905 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 13933066 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 13698019 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 42653451 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 44252069 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 217844 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 162591 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 4707339 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 43837688 | OtherExpensePriorYear |
| Other Expenses Current Year | 44299595 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 100642049 | TotalExpensesPriorYear |
| Total Expenses Current Year | 102412274 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -8909232 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 780631 | RevenuesLessExpensesCY |
| Total Assets BOY | 486702683 | TotalAssetsBOY |
| Total Assets EOY | 512177411 | TotalAssetsEOY |
| Total Liabilities BOY | 120129504 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 115742467 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 366573179 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 396434944 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | SPELMAN COLLEGE, A HISTORICALLY BLACK COLLEGE AND GLOBAL LEADER IN THE EDUCATION OF WOMEN OF AFRICAN DESCENT, IS DEDICATED TO ACADEMIC EXCELLENCE IN THE LIBERAL ARTS AND SCIENCES, AND THE INTELLECTUAL, CREATIVE, ETHICAL AND LEADERSHIP DEVELOPMENT OF ITS STUDENTS. SPELMAN EMPOWERS THE WHOLE PERSON TO ENGAGE THE MANY CULTURES OF THE WORLD AND INSPIRES A COMMITMENT TO POSITIVE SOCIAL CHANGE. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 39316061 | Expense |
| Grants | 13698019 | Grants |
| Description | INSTRUCTION FOUNDED IN 1881, SPELMAN COLLEGE IS A PRIVATE, NONPROFIT INSTITUTION OF HIGHER EDUCATION BASED IN ATLANTA, GEORGIA. THE COLLEGE IS ACCREDITED BY THE COMMISSION ON COLLEGES OF THE ASSOCIATION OF COLLEGES AND SCHOOLS AND PROVIDES QUALITY LIBERAL ARTS EDUCATION AND TRAINING SERVICES FOR APPROXIMATELY 2,100 UNDERGRADUATE STUDENTS. IN ADDITION, THE COLLEGE MAINTAINS SPECIAL PROGRAMS SUCH AS CONTINUING EDUCATION, SUMMER SCIENCE AND DUAL DEGREES IN ENGINEERING. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 14511822 | Expense |
| Description | AUXILIARY ENTERPRISES AS A RESIDENTIAL LIBERAL ARTS COLLEGE, SPELMAN COLLEGE PROVIDES ON CAMPUS HOUSING FOR APPROXIMATELY 1,400 STUDENTS. SPELMAN ALSO PROVIDES DINING SERVICES TO ITS RESIDENTIAL STUDENTS, AS WELL AS COMMUTER STUDENTS, FACULTY, STAFF AND OTHERS. SPELMAN OPERATES A 500 SPACE PARKING DECK FOR FACULTY, STAFF, AND STUDENTS. ADDITIONALLY, SPELMAN OFFERS A VARIETY OF SUMMER CONFERENCES FOR HIGH SCHOOL STUDENTS AND OTHER INTERESTED STUDENTS. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 3844092 | Expense |
| Description | RESEARCH SPELMAN COLLEGE PERFORMS RESEARCH, TRAINING AND OTHER SIMILAR SERVICES UNDER GRANTS WITH GOVERNMENTAL AGENCIES OR SPONSORING ORGANIZATIONS. | Description |
Activity Other ActivityOther (3 entries)
| ExpenseExpense | DescriptionDescription |
|---|---|
| 213957 | PUBLIC SERVICE |
| 7346174 | ACADEMIC SUPPORT |
| 10760989 | STUDENT SERVICES |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 18321120 | TotalOfOtherProgramServiceExp |
| Total Program Service Expense | 75993095 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | true | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | true | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | true | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | true | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | true | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 3042 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 1542 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 25 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 23 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | GA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | ROBERT D FLANIGAN JR | NamePerson |
| Telephone Number | 4042705072 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 350 SPELMAN LANE SW | AddressLine1 |
| City | ATLANTA | City |
| State | GA | State |
| ZIP Code | 30314 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (39 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|
| CLAIRE ARNOLD | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| THEODORE R ARONSON | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| AMBASSADOR AURELIA E BRAZEAL | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| ROSALIND G BREWER | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| JANINE BROWN | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| STUART BURGDOERFER | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| KIMBERLY B DAVIS | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| JERRI L DEVARD | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| EVELYNN M HAMMONDS | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| YVONNE R JACKSON | ||||||||
| CHAIRWOMAN | 2.0 | X | 0 | 0 | 0 | |||
| ROSE HARRIS JOHNSON | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| TERRY L JONES | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| SUSAN A MCLAUGHLIN | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| GWENDOLYN ADAMS NORTON | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| LAURA J BURTON ODEM | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| VICKI R PALMER | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| ANNA ELEANOR ROOSEVELT | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| LOVETTE T RUSSELL | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| BRADLEY T SHEARES | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| ESTHER SILVER-PARKER | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| CYNTHIA NEAL SPENCE | ||||||||
| FACULTY TRUSTEE | 35.0 | X | 99365 | 0 | 12315 | |||
| RONDA E STRYKER | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| BEVERLY DANIEL TATUM | ||||||||
| COLLEGE PRESIDENT | 35.0 | X | 347579 | 0 | 72061 | X | ||
| KATHY WALLER | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| CELESTE WATKINS-HAYES | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| CHRISTINA A WHATLEY | ||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | |||
| ROBERT D FLANIGAN JR | ||||||||
| VP BUSINESS &FINANCE/TREASURER | 35.0 | 283785 | 0 | 26231 | X | |||
| JOHNNELLA BUTLER | ||||||||
| PROVOST | 35.0 | 214755 | 0 | 21443 | X | |||
| ARLENE CASH | ||||||||
| VP ENROLLMENT MANAGEMENT | 35.0 | 155863 | 0 | 17817 | X | |||
| ELOISE ALEXIS | ||||||||
| VP FOR COLLEGE RELATIONS | 35.0 | 149723 | 0 | 16974 | X | |||
| KASSANDRA JOLLEY | ||||||||
| VP FOR DEVELOPMENT | 35.0 | 177630 | 0 | 18907 | X | |||
| DELORES BARTON | ||||||||
| VP & CHIEF INFORMATION OFFICER | 35.0 | 137876 | 0 | 13203 | X | |||
| DARNITA KILLIAN | ||||||||
| VP FOR STUDENT AFFAIRS | 35.0 | 137470 | 0 | 13498 | X | |||
| GLORIA WADE-GAYLES | ||||||||
| FACULTY | 35.0 | 133987 | 0 | 15104 | X | |||
| ANDREW WILLIAMS | ||||||||
| FACULTY | 35.0 | 132760 | 0 | 10268 | X | |||
| MYRA BURNETT | ||||||||
| VICE-PROVOST | 35.0 | 133875 | 0 | 15485 | X | |||
| DONNA HARPER | ||||||||
| FACULTY | 35.0 | 127652 | 0 | 14757 | X | |||
| RHONDA HONEGAN | ||||||||
| DIR OF INVESTMENTS & FIN PLN | 35.0 | 134360 | 0 | 15392 | X | |||
| SHERRY TURNER | ||||||||
| VP FOR STUDENT AFFAIRS | 35.0 | 129285 | 0 | 6359 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 2495965 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 289814 | TotalOtherCompensation |
| Number Individuals GT100 K | 23 | NumberIndividualsGT100K |
| Formers Listed | true | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| CHESAPEAKE ASSET MANAGEMENT LLC | |||||
| ONE ROCKEFELLER PLAZA SUITE 2321 | NEW YORK | NY | 10020 | INVESTMENT MANAGERS | 902120 |
| SIEMENS INDUSTRY INC | |||||
| 1745 CORPORATE DRIVE STE 240 | NORCROSS | GA | 30093 | CONSULTING | 312904 |
| SUTHERLAND ASBIL BRENNAN LLP | |||||
| 999 PEACHTREE STREET NE | ATLANTA | GA | 303093915 | ATTORNEYS | 182936 |
| MAYO INVESTMENT ADVISORS LLC | |||||
| 40 ROWES WHARF FLOOR 2 | BOSTON | MA | 02110 | INVESTMENT MANAGERS | 175209 |
| KPMG LLP | |||||
| DEPT 0613 | DALLAS | TX | 753120001 | ACCOUNTANTS | 164355 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 11 | NumberOfContractorsGT100K |
| Government Grants | 7603428 | GovernmentGrants |
| All Other Contributions | 15335358 | AllOtherContributions |
| Noncash Contributions | 448388 | NoncashContributions |
| Total Contributions | 22938786 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|---|
| TUITION AND FEES | 900099 | 44258104 | 44258104 | 0 | $0 |
| AUXILARY ENTERPRISES | 900099 | 17171846 | 17171846 | 0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 61429950 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3623719 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 72836 | UnrelatedBusinessRevenue |
| Exclusion | $3,550,883 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 181318756 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 166987935 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 14330821 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 14330821 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $14,330,821 | ExclusionAmount |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER MISCELLANEOUS | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 869629 | TotalRevenueColumn |
| Related Or Exempt Function Income | 869629 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 869629 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 103192905 | TotalRevenueColumn |
| Related Or Exempt Function Income | 62299579 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 72836 | UnrelatedBusinessRevenue |
| Exclusion | $17,881,704 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13698019 | Total |
| Program Services | 13698019 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1895514 | Total |
| Program Services | 777218 | ProgramServices |
| Management And General | 777778 | ManagementAndGeneral |
| Fundraising | 340518 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 33339702 | Total |
| Program Services | 25799193 | ProgramServices |
| Management And General | 5283895 | ManagementAndGeneral |
| Fundraising | 2256614 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1448548 | Total |
| Program Services | 1088004 | ProgramServices |
| Management And General | 255234 | ManagementAndGeneral |
| Fundraising | 105310 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4964768 | Total |
| Program Services | 3728669 | ProgramServices |
| Management And General | 874740 | ManagementAndGeneral |
| Fundraising | 361359 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2603537 | Total |
| Program Services | 1955517 | ProgramServices |
| Management And General | 458743 | ManagementAndGeneral |
| Fundraising | 189277 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 402782 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 402782 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 236404 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 236404 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 48153 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 48153 | Fundraising |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 162591 | Total |
| Fundraising | 162591 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1476509 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 1476509 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1801711 | Total |
| Program Services | 764627 | ProgramServices |
| Management And General | 868072 | ManagementAndGeneral |
| Fundraising | 169012 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14778 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 14778 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3011265 | Total |
| Program Services | 2372963 | ProgramServices |
| Management And General | 414840 | ManagementAndGeneral |
| Fundraising | 223462 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3553133 | Total |
| Program Services | 3091978 | ProgramServices |
| Management And General | 461155 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1670503 | Total |
| Program Services | 1225701 | ProgramServices |
| Management And General | 227088 | ManagementAndGeneral |
| Fundraising | 217714 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4607936 | Total |
| Program Services | 2786009 | ProgramServices |
| Management And General | 1821927 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9996627 | Total |
| Program Services | 5699615 | ProgramServices |
| Management And General | 4297012 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1305382 | Total |
| Program Services | 1163200 | ProgramServices |
| Management And General | 142182 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| CLEANING EXPENSES | 1254274 | 1070603 | 183671 | 0 |
| AUC LIBRARY | 2451860 | 2451860 | 0 | 0 |
| EQUIPMENT AND RENTAL | 2740206 | 1724339 | 990990 | 24877 |
| SPECIAL PROJECTS | 2933592 | 1809562 | 550971 | 573059 |
| PURCHASED SERVICES | 3669085 | 2957403 | 711682 | 0 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3125395 | Total |
| Program Services | 1828615 | ProgramServices |
| Management And General | 1261387 | ManagementAndGeneral |
| Fundraising | 35393 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 102412274 | Total |
| Program Services | 75993095 | ProgramServices |
| Management And General | 21711840 | ManagementAndGeneral |
| Fundraising | 4707339 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9617138 | BOY |
| EOY | 14720311 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14181408 | BOY |
| EOY | 11166385 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1689318 | BOY |
| EOY | 1683000 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 236694567 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 82484230 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 162560275 | BOY |
| EOY | 154210337 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31943928 | BOY |
| EOY | 37996093 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 263276267 | BOY |
| EOY | 288932817 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1739217 | BOY |
| EOY | 1594065 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1695132 | BOY |
| EOY | 1874403 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 486702683 | BOY |
| EOY | 512177411 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10714160 | BOY |
| EOY | 10271600 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 842850 | BOY |
| EOY | 778258 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 95691180 | BOY |
| EOY | 92650677 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10562500 | BOY |
| EOY | 9937500 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2318814 | BOY |
| EOY | 2104432 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 120129504 | BOY |
| EOY | 115742467 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 101710730 | BOY |
| EOY | 104293428 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 152541565 | BOY |
| EOY | 178533217 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 112320884 | BOY |
| EOY | 113608299 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 366573179 | BOY |
| EOY | 396434944 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 486702683 | BOY |
| EOY | 512177411 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 780631 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 29081134 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grassroots Lobbying | TotalGrassrootsLobbying | |
| Total Direct Lobbying | TotalDirectLobbying | |
| Total Lobbying Expenditures | TotalLobbyingExpenditures | |
| Other Exempt Purpose Expenditures | OtherExemptPurposeExpenditures | |
| Total Exempt Purpose Expenditures | TotalExemptPurposeExpenditures | |
| Lobbying Nontaxable | LobbyingNontaxableAmount | |
| Grassroots Nontaxable | GrassrootsNontaxableAmount | |
| Tot Lobbying Grassroot Minus Non Tx | TotLobbyingGrassrootMinusNonTx | |
| Tot Lobby Expend Mns Lobbying Nontx | TotLobbyExpendMnsLobbyingNontx | |
| Volunteers | false | Volunteers |
| Paid Staff Or Management | false | PaidStaffOrManagement |
| Media Advertisements | false | MediaAdvertisements |
| Mailings Members | false | MailingsMembers |
| Publications Or Broadcast | false | PublicationsOrBroadcast |
| Grants Other Organizations | false | GrantsOtherOrganizations |
| Direct Contact Legislators | false | DirectContactLegislators |
| Rallies Demonstrations | false | RalliesDemonstrations |
| Other Activities | true | OtherActivities |
| Other Activities | $48,153 | OtherActivitiesAmount |
| Total Lobbying Expenditures IIB | 48153 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | false | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | OTHER ACTIVITIES | Identifier |
| Return Reference | SCHEDULE C, PART II-B, QUESTION 1I | ReturnReference |
| Explanation | SPELMAN COLLEGE RETAINS A CONSULTANT, POLSINELLI SHUGHART PC, TO PROMOTE LEGISLATION WHICH WOULD PROVIDE SPELMAN COLLEGE WITH FEDERAL FUNDS FOR USE ON VARIOUS COLLEGE PROJECTS AND PROGRAMS. POLSINELLI SHUGHART PC WAS PAID $48,153 FOR THEIR SERVICES. | Explanation |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Collect Used For Loan Or Exch Prgrms | X | CollectUsedForLoanOrExchPrgrms |
Collection Used For Other CollectionUsedForOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used For Other Purposes | X | CollectionUsedForOtherPurposes |
| Description Of Other Purposes | Curriculum enhancement & develop. | DescriptionOfOtherPurposes |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicited Assets For Sale | true | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 304160522 | BeginningOfYearBalance |
| Contributions | 1281477 | Contributions |
| Investment Earnings Or Losses | 47000450 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 0 | GrantsOrScholarships |
| Other Expenditures | 20156699 | OtherExpenditures |
| End Of Year Balance | 332285750 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 295407693 | BeginningOfYearBalance |
| Contributions | 1107649 | Contributions |
| Investment Earnings Or Losses | 25193306 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 0 | GrantsOrScholarships |
| Other Expenditures | 17548126 | OtherExpenditures |
| End Of Year Balance | 304160522 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 367673282 | BeginningOfYearBalance |
| Contributions | 2008039 | Contributions |
| Investment Earnings Or Losses | -55959952 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 4524068 | GrantsOrScholarships |
| Other Expenditures | 13789608 | OtherExpenditures |
| End Of Year Balance | 295407693 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.16700 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.34190 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.49110 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | true | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | true | AreRelatedOrgsListedScheduleR |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 14687723 | OtherCostOrOtherBasis |
| Book Value | 14687723 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 174770737 | OtherCostOrOtherBasis |
| Depreciation | 51549787 | Depreciation |
| Book Value | 123220950 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovements |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 23403018 | OtherCostOrOtherBasis |
| Depreciation | 19292051 | Depreciation |
| Book Value | 4110967 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 23833089 | OtherCostOrOtherBasis |
| Depreciation | 11642392 | Depreciation |
| Book Value | 12190697 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 154210337 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities (6 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| SHORT-TERM INVESTMENTS | 9491065 | F |
| FIXED INCOME | 31548097 | F |
| NON U.S. EQUITY | 24118090 | F |
| MARKETABLE ALTERNATIVES | 63632132 | F |
| REAL ASSETS | 49218048 | F |
| PRIVATE EQUITY | 110925385 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 288932817 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| OBLIGATIONS UNDER CAPITAL LEASES | $524,887 |
| ADVANCES FROM FEDERAL GOVERNMENT | $1,579,545 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 2104432 | TotalOfAmounts |
| Total Revenue | 103192905 | TotalRevenue |
| Total Expenses | 102412274 | TotalExpenses |
| Excess Or Deficit For Year | 780631 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 29082106 | NetUnrealizedGLOnInvestments |
| Other | -$972 | OtherAmount |
| Total Adjustments | 29081134 | TotalAdjustments |
| Excess Or Deficit Per FS | 29861765 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 118576020 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 29082106 | NetUnrealizedGainsInvestments |
| Other Revenues | -13698991 | OtherRevenues |
| Revenue Not Rptd F990 | 15383115 | RevenueNotRptdF990 |
| Revenue Subtotal | 103192905 | RevenueSubtotal |
| Total Revenue Per Form990 | 103192905 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 88714255 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 88714255 | ExpensesSubtotal |
| Other Expenses Not Included | 13698019 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 13698019 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 102412274 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SFAS 116 | SCHEDULE D, PART III, LINE 1A | THE ORGANIZATION ELECTED, AS PERMITTED UNDER SFAS 116, NOT TO REPORT IN ITS REVENUE STATEMENT AND BALANCE SHEET WORKS OF ART, HISTORICAL TREASURES, OR OTHER SIMILAR ASSETS HELD FOR PUBLIC EXHIBITION, EDUCATION, OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE. THERE IS NO FINANCIAL STATEMENT FOOTNOTE DISCLOSURE THAT DESCRIBES THESE ITEMS. |
| INTENDED USES OF ORGANIZATION'S ENDOWMENT FUNDS | FORM 990, SCHEDULE D, PART V, QUESTION 4 | INVESTMENT IN A MIX OF SECURITIES TO PROVIDE SUFFICIENT INCOME TO SUPPORT THE COLLEGE'S OPERATIONS IN ACCORDANCE WITH DONOR WISHES, WHILE PRESERVING EQUITY. |
| ART COLLECTION | SCHEDULE D, PART III, LINE 4 | THE COLLEGE'S PERMANENT COLLECTION OF ART -- INCLUDING HISTORICALLY SIGNIFICANT PAINTINGS, SCULPTURE, AND WORKS ON PAPER -- IS AN ACADEMIC RESOURCE THAT OFFERS STUDENTS, FACULTY, AND STAFF FIRST-HAND ENGAGEMENT WITH IMPORTANT ORIGINAL WORKS OF ART. OBJECT LESSONS, WORKSHOPS, CONSERVATION PROJECTS, EXHIBITIONS, AND THEMATIC PROGRAMS DEMONSTRATE THE VARIOUS WAYS THAT THE PERMANENT HOLDINGS ARE USED TO EXPAND, COMPLEMENT, AND ENHANCE THE ACADEMIC CURRICULUM. |
| OTHER ADJUSTMENTS | SCHEDULE D, PART XI, LINE 8 | CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS (972) |
| SCHEDULE D, PART XII, LINE 2D | OTHER | CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 972 STUDENT AID RECLASS 13,698,019 ------------ TOTAL 13,698,991 ============ |
| SCHEDULE D, PART XIII, LINE 4B | OTHER | STUDENT AID RECLASS 13,698,019 ------------ TOTAL 13,698,019 ============ |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | true | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| NONDISCRIMINATORY POLICY | SCHEDULE E, LINE 3 | A STATEMENT OF THE COLLEGE'S RACIALLY NON-DISCRIMINATORY POLICY IS INCLUDED IN ALL BROCHURES AND CATALOGS IN ACCORDANCE WITH THE PROVISIONS OF REV. PROC. 75-50. |
| FINANCIAL AID ASSISTANCE FROM GOVERNMENTAL AGENCY | SCHEDULE E, LINE 6A | THE FINANCIAL AID ASSISTANCE IS RECEIVED FROM THE FEDERAL GOVERMENT, STATE OF GEORGIA, AND OTHER STATES. OTHER ASSISTANCE IS RECEIVED FROM FEDERAL GOVERNMENT, STATE OF GEORGIA, AND CITY OF ATLANTA. |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (7 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| Europe (Including Iceland and Greenland) | 0 | 0 | Program Services | STUDY ABROAD | 63155 |
| East Asia and the Pacific | 0 | 0 | Program Services | STUDY ABROAD | 52247 |
| Sub-Saharan Africa | 0 | 0 | Program Services | STUDY ABROAD | 26380 |
| Central America and the Caribbean | 0 | 0 | Program Services | STUDY ABROAD | 16054 |
| South America | 0 | 0 | Program Services | STUDY ABROAD | 34085 |
| Middle East and North Africa | 0 | 0 | Program Services | STUDY ABROAD | 25361 |
| Europe (Including Iceland and Greenland) | 0 | 0 | Program Services | EQUIPMENT | 48970 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 0 | SubtotalNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 266252 | SubtotalAmountSpent |
| Total Amount Spent | 266252 | TotalAmountSpent |
| Transfer To Foreign Corp | true | TransferToForeignCorp |
| Interest In Foreign Trust | false | InterestInForeignTrust |
| Own Foreign Corp | true | OwnForeignCorp |
| Passive Foreign Invest Co | true | PassiveForeignInvestCo |
| Foreign Partnership | false | ForeignPartnership |
| Boycott Countries | false | BoycottCountries |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | true | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation (3 entries)
| Name Of IndividualNameOfIndividual | ActivityActivity | Fundraiser Control Of FundsFundraiserControlOfFunds | Amount Retained By ContractorAmountRetainedByContractor |
|---|---|---|---|
| COXE CURRY ASSOCIATES | FUNDRAISING CAMPAIGN | false | 114659 |
| WASHBURN MCGOLDRICK INC | CAMPAIGN CONSULTANTS | false | 39481 |
| GRENZEBACK GLIER ASSOCIATE | FUNDRAISING CONSULTING | false | 8451 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | 162591 | TotalRetainedByContractors |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | STUDENT FINANCIAL AID | TypeOfGrant |
| Number Of Recipients | 1739 | NumberOfRecipients |
| Amount Of Cash Grant | 13698019 | AmountOfCashGrant |
| Amount Of Non Cash Assistance | 0 | AmountOfNonCashAssistance |
| Method Of Valuation | N/A | MethodOfValuation |
| Description Of Non Cash Assistance | N/A | DescriptionOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Student Financial Aid | Identifier |
| Return Reference | Schedule I, Part I, LINE 2 AND PART III | ReturnReference |
| Explanation | Student Financial Aid Awards are awarded to students by the College's Office of Student Financial Services. Awards are based on a number of factors including, but not limited to, scholarly achievement, demonstrated financial need, and academic interests. Funds are provided by sources such as Federal and state governments; private donors such as corporations, individuals and foundations; the College's endowed financial aid funds; and the College's operating budget. Financial aid awards are made up to a limit of the student's financial need. Individual awards are monitored extensively in order to ensure that students are making satisfactory academic progress and that they do not receive more than their demonstrated need. Adjustments are made when appropriate. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | X | TravelForCompanions |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | true | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (9 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BEVERLY DANIEL TATUM | |||||||||||||
| 331079 | 0 | 0 | 0 | 16500 | 0 | 33978 | 0 | 38083 | 0 | 419640 | 0 | 0 | 0 |
| ROBERT D FLANIGAN JR | |||||||||||||
| 283785 | 0 | 0 | 0 | 0 | 0 | 17356 | 0 | 8875 | 0 | 310016 | 0 | 0 | 0 |
| JOHNNELLA BUTLER | |||||||||||||
| 214755 | 0 | 0 | 0 | 0 | 0 | 13173 | 0 | 8270 | 0 | 236198 | 0 | 0 | 0 |
| ARLENE CASH | |||||||||||||
| 155863 | 0 | 0 | 0 | 0 | 0 | 9791 | 0 | 8026 | 0 | 173680 | 0 | 0 | 0 |
| ELOISE ALEXIS | |||||||||||||
| 149723 | 0 | 0 | 0 | 0 | 0 | 9172 | 0 | 7802 | 0 | 166697 | 0 | 0 | 0 |
| KASSANDRA JOLLEY | |||||||||||||
| 177630 | 0 | 0 | 0 | 0 | 0 | 10962 | 0 | 7945 | 0 | 196537 | 0 | 0 | 0 |
| SHERRY TURNER | |||||||||||||
| 129285 | 0 | 0 | 0 | 0 | 0 | 3400 | 0 | 2959 | 0 | 135644 | 0 | 0 | 0 |
| DELORES BARTON | |||||||||||||
| 137876 | 0 | 0 | 0 | 0 | 0 | 5685 | 0 | 7518 | 0 | 151079 | 0 | 0 | 0 |
| DARNITA KILLIAN | |||||||||||||
| 137470 | 0 | 0 | 0 | 0 | 0 | 7344 | 0 | 6154 | 0 | 150968 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| COMPENSATION QUESTION | FORM 990, SCHEDULE J, QUESTION 1A | SOCIAL CLUB DUES WERE PAID FOR TATUM AND BUTLER. THE VALUE OF THESE DUES WAS NOT TREATED AS TAXABLE COMPENSATION. $2,816 WAS PROVIDED IN SPOUSAL TRAVEL BENEFITS FOR TATUM. THE VALUE OF THE TRAVEL WAS NOT TREATED AS TAXABLE COMPENSATION. |
| HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE | SCHEDULE J, PART I, LINE 1A | HOUSING VALUED AT $29,035 WAS PROVIDED TO TATUM. THE VALUE OF THE HOUSING WAS NOT TREATED AS TAXABLE COMPENSATION. |
| President's OTHER REPORTABLE COMPENSATION | Schedule J, Part II, Column B (iii) AND SCHEDULE J, PART I, LINE 7 | Beverly Daniel Tatum's OTHER REPORTABLE COMPENSATION is composed of $16,500, which is deferred compensation payable in accordance with her employment contract. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (4 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|
| PRIVATE COLLEGES AND UNIVERSITIES AUTHORITY | |||||||
| 581407790 | 74265LQB7 | 2003-01-30 | 30800674 | SEE SCHEDULE O | false | false | false |
| DEVELOPMENT AUTHORITY OF FULTON COUNTY | |||||||
| 581506878 | 359900TAS | 2007-03-21 | 67041214 | SEE SCHEDULE O | false | false | false |
| DEVELOPMENT AUTHORITY OF FULTON COUNTY | |||||||
| 581506878 | 2009-09-01 | 1500000 | SEE SCHEDULE O | false | false | false | |
| DEVELOPMENT AUTHORITY OF FULTON COUNTY | |||||||
| 581506878 | 2009-09-01 | 6100000 | SEE SCHEDULE O | false | false | false | |
Form990 Schedule K Part II Form990ScheduleKPartII (4 entries)
| Amount RetiredAmountRetired | Amount Bond DefeasedAmountBondDefeased | Total ProceedsTotalProceeds | Capitalized InterestCapitalizedInterest | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Capital ExpendituresCapitalExpenditures | Other Spent ProceedsOtherSpentProceeds | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 6310000 | 0 | 31540044 | 1174857 | 491087 | 23660980 | 6213120 | 2007 | false | true | true | true |
| 4630000 | 0 | 68883486 | 3777739 | 754073 | 54773104 | 9578570 | 2009 | true | false | false | true |
| 400000 | 0 | 1500000 | 1999 | true | false | true | true | ||||
| 400000 | 0 | 6100000 | 2004 | true | false | true | true |
Form990 Schedule K Part III Form990ScheduleKPartIII (4 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Counsel Routinely EngagedBondCounselRoutinelyEngaged | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|---|---|---|
| false | false | true | false | false | 0.00000 | 0.00000 | 0.00000 | true |
| false | true | true | false | false | 0.02900 | 0.00000 | 0.02900 | true |
| false | false | true | false | false | 0.00000 | 0.00000 | 0.00000 | true |
| false | false | false | false | false | 0.00000 | 0.00000 | 0.00000 | true |
Form990 Schedule K Part IV Form990ScheduleKPartIV (4 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate | Regulatory Safe Harbor SatisfiedRegulatorySafeHarborSatisfied |
|---|---|---|---|---|---|---|
| (no name) | ||||||
| true | false | false | false | true | false | |
| HYPO PUBLIC FINANCE | ||||||
| true | false | false | true | false | true | true |
| (no name) | ||||||
| true | true | false | false | false | true | |
| (no name) | ||||||
| true | true | false | false | false | true | |
Form990 Schedule K Part V Form990ScheduleKPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SEE SCHEDULE O | Identifier |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | CHESAPEAKE ASSET MANAGEMENT | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | FORMER TRUSTEE IS OWNER | Relationship |
| Amount Of Transaction | 956276 | AmountOfTransaction |
| Description Of Transaction | ENDOWMENT ADVISOR | DescriptionOfTransaction |
| Sharing Of Revenues | false | SharingOfRevenues |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArt | |
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest | |
| Books And Publications | BooksAndPublications | |
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 13 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 419123 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther | |
| Real Estate Residential | RealEstateResidential | |
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther | |
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | SEE PART II | Description |
| Number Of Contributions | 5 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 29265 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | OTHER NON-CASH CONTRIBUTIONS | Identifier |
| Return Reference | SCHEDULE M, PART I, QUESTIONS 25-27 | ReturnReference |
| Explanation | DONATIONS OF VARIOUS ITEMS: BEVERAGES, ORGAN, AND MISCELLANEOUS. FAIR MARKET VALUED AT $29,265. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (15 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| FORM 990 REVIEW PROCESS | FORM 990, PART VI, SECTION B, QUESTION 11 | FORM 990 IS DISTRIBUTED TO THE FINANCE AND BUDGET COMMITTEE PRIOR TO THE COMMITTEE MEETING FOR THEIR REVIEW. INDEPENDENT TAX ACCOUNTANTS WILL REVIEW WITH COMMITTEE. THE CHAIRMAN OF THE COMMITTEE WILL DISCUSS AND REVIEW WITH THE FULL BOARD, WHO WILL RECEIVE A COPY OF THE FINALIZED RETURN PRIOR TO FILING. |
| CONFLICT OF INTEREST POLICY | FORM 990, PART VI, SECTION B, QUESTON 12C | EMPLOYEES ARE REQUIRED TO SIGN A CONFLICT OF INTEREST DISCLOSURE UPON THEIR INITIAL HIRING. THE COLLEGE HAS A WRITTEN CONFLICT OF INTEREST POLICY IN ITS EMPLOYEE HANDBOOK. IF HUMAN RESOURCES BECOMES AWARE OF A CONFLICT, THE EMPLOYEE IS NOTIFIED AND REQUIRED TO SUBMIT A CONFLICT OF INTEREST STATEMENT, WHICH IS FILED IN THE EMPLOYEE'S PERSONNEL FILE. ALL TRUSTEES, BOARD REPRESENTATIVES AND SENIOR TEAM MEMBERS MUST COMPLETE AND SIGN A CONFLICT OF INTEREST FORM ON AN ANNUAL BASIS. COMPLIANCE IS MONITORED AND A SUMMARY IS PROVIDED TO THE SECRETARY OF THE BOARD. |
| PROCESS FOR DETERMINING COMPENSATION | FORM 990, PART VI, SECTION B, QUESTIONS 15A AND 15B | THE COMPENSATION OF THE COLLEGE'S PRESIDENT IS DETERMINED AS FOLLOWS: COMPARABILITY STUDIES ARE PERFORMED BY AN INDEPENDENT THIRD PARTY COMPENSATION CONSULTANT. IT IS THE COLLEGE'S GOAL THAT THE PRESIDENT'S COMPENSATION BE IN THE 50TH-75TH PERCENTILE OF THE COLLEGES AND UNIVERSITIES USED IN THE COMPARABILITY SURVEY. THE HUMAN RESOURCES COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS THE RECOMMENDATIONS MADE BY THE COMPENSATION CONSULTANT AND MAKES A RECOMMENDATION TO THE FULL BOARD OF TRUSTEES. THE FULL BOARD OF TRUSTEES VOTES ON THE PRESIDENT'S COMPENSATION PACKAGE. WITH RESPECT TO OTHER OFFICERS AND KEY EMPLOYEES, THE COMPENSATION OF THESE INDIVIDUALS IS DETERMINED BY THE PRESIDENT. THE PRESIDENT RECOMMENDS THE COMPENSATION FOR THESE INDIVIDUALS. THE HUMAN RESOURCES COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS AND APPROVES THE COMPENSATION. FOR THESE INDIVIDUALS, COMPENSATION STUDIES ARE PERFORMED BY AN INDEPENDENT THIRD PARTY FIRM OR THE COLLEGE'S HUMAN RESOURCES DEPARTMENT. |
| MAKING DOCUMENTS AVAILABLE TO THE PUBLIC | FORM 990, PART VI, SECTION C, QUESTION 19 | SPELMAN COLLEGE DOES NOT MAKE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. HOWEVER, DOCUMENTS ARE AVAILABLE UPON REQUEST. |
| FAMILY AND BUSINESS RELATIONSHIPS | FORM 990, PART VI, SECTION A, QUESTION 2 | STUART BURGDOERFER AND BRADLEY SHEARES, BOTH BOARD MEMBERS, SERVE ON THE BOARD OF DIRECTORS OF PROGRESSIVE CORPORATION. |
| OTHER CHANGES IN NET ASSETS | FORM 990, PART XI, LINE 5 | UNREALIZED GAINS 29,082,106 CHANGE IN VALUE OF SPLIT INTEREST TRUSTS (97) ---------- TOTAL 29,081,134 ========== |
| DESCRIPTION OF PURPOSE | SCHEDULE K, PART I, COLUMN F | A- 1. CONSTRUCTION, RENOVATIONS AND EQUIPPING OF COLLEGE FACILITIES; 2003 PROCEEDS USED: $23,660,980. 2. ADVANCE REFUNDING OF A PORTION OF PRIVATE COLLEGE AND UNIVERSITIES REVENUE BONDS (SPELMAN COLLEGE PROJECT), SERIES 1994, ISSUANCE DATE: JULY 21, 1994; 2003 PROCEEDS USED: $6,213,020. B- 1. CONSTRUCTION OF IMPROVEMENTS TO COLLEGE FACILITIES, INCLUDING A NEW DORMITORY AND CAMPUS INFRASTRUCTURE; 2007 PROCEEDS USED: $54,773,104. 2. CURRENT REFUNDING OF A PORTION OF PRIVATE COLLEGES AND UNIVERSITIES AUTHORITY REVENUE BONDS (SPELMAN COLLEGE PROJECT), SERIES 1994, ISSUANCE DATE: JULY 21, 1994; PROCEEDS USED: $5,085,377. 3. CURRENT REFUNDING OF PROMISSORY NOTE, ISSUED NOVEMBER 17, 2004; 2007 PROCEEDS USED: $4,493,194. C- REISSUANCE OF DEVELOPMENT AUTHORITY OF FULTON COUNTY ADJUSTABLE ROLE DEMAND REVENUE BONDS (SPELMAN COLLEGE PROJECT), SERIES 1996 (TREATED AS CURRENT REFUNDING); ISSUE DATE: DECEMBER 1, 1996. D- REISSUANCE OF DEVELOPMENT AUTHORITY OF FULTON COUNTY ADJUSTABLE ROLE DEMAND REVENUE BONDS (SPELMAN COLLEGE PROJECT), SERIES 1999 (TREATED AS CURRENT REFUNDING); ISSUE DATE: NOVEMBER 19, 1999. |
| TOTAL PROCEEDS OF ISSUE | SCHEDULE K, PART II, LINE 3 | C - THIS WAS A REISSUANCE OF THE SERIES 1996 BONDS AND NO CASH PROCEEDS WERE GENERATED. THE REISSUANCE WAS TREATED AS A CURRENT REFUNDING. D - THIS WAS A REISSUANCE OF THE SERIES 1999 BONDS AND NO CASH PROCEEDS WERE GENERATED. THE REISSUANCE WAS TREATED AS A CURRENT REFUNDING. |
| SCHEDULE K, PART II, LINE 9 | A - TOTAL CAPITAL EXPENDITURES OF $24,835,937 INCLUDES CAPITALIZED INTEREST OF $1,174,957. B - TOTAL CAPITAL EXPENDITURES OF $58,550,843 INCLUDES CAPITALIZED INTEREST OF #3,777,739. | |
| SCHEDULE K, PART III, LINE 3C | A, B, C AND D: BOND COUNSEL REVIEWS THIRD-PARTY CONTRACTS IN CONNECTION WITH THE ISSUANCE OF THE COLLEGE'S BONDS (WHICH HAVE OCCURRED IN 1988, 1994, 1996, 1999, 2003 AND 2007). | |
| EXPLANATION OF VARIANCE | SCHEDULE K, PART II, LINE 3 | The Part I, Column (e) issue price does not agree with the Part II, line 3 Total proceeds of issue for certain bonds due to the inclusion of interest and other investment earnings on the proceeds accounts. |
| HOURS DEVOTED FOR RELATED ORGANIZATION | FORM 990 PART VII | NAME:VICKI R. PALMER TITLE:TRUSTEE HOURS:1 |
| HOURS DEVOTED FOR RELATED ORGANIZATION | FORM 990 PART VII | NAME:BRADLEY T. SHEARES TITLE:TRUSTEE HOURS:1 |
| HOURS DEVOTED FOR RELATED ORGANIZATION | FORM 990 PART VII | NAME:BEVERLY DANIEL TATUM TITLE:COLLEGE PRESIDENT HOURS:1 |
| HOURS DEVOTED FOR RELATED ORGANIZATION | FORM 990 PART VII | NAME:ROBERT D FLANIGAN JR TITLE:VP BUSINESS &FINANCE/TREASURER HOURS:15 |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|---|
| COLLEGIATE PROPERTY DEVELOPMENT COMPANY | |||||||||
| 350 SPELMAN LANE SW | ATLANTA | GA | 30314 | 311636865 | ACQUIRE PROP | GA | 501(C)(2) | N/A | NA |
| SPELMAN COLLEGE SPECIAL VENTURES FUND | |||||||||
| 350 SPELMAN LANE SW | ATLANTA | GA | 30314 | 851561434 | INVESTMENTS | GA | 501(C)(3) | 11 | NA |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | true | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | true | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| SPELMAN COLLEGE SPECIAL VENTURES FUND INC | |
| B | 7170231 |
| SPELMAN COLLEGE SPECIAL VENTURES FUND INC | |
| C | 23510443 |